Akorn, Inc.
Pharmaceutical firm reports net sales of $12.6M
Published in Lab Business Week, April 3rd, 2005
Gross profit of $4.1 million or 33% of net sales, for the fourth quarter 2004 is an increase of 489% over gross profit of $0.7 million in the 2003 fourth quarter. Net loss for the fourth quarter 2004 was reduced to $0.8 million as compared to a net loss of $8.0 million in the fourth quarter 2003.
EBITDA for the fourth quarter 2004 was $1.0 million, vs. negative EBITDA for the fourth quarter 2003 of $2.5 million.
Net sales for the full year 2004 totaled...
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Source: Lab Business Week (2005-04-03)
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